Donors Find Gift Annuities Can Stop Giving - WSJ.com: "It sounds good on paper: You make a donation to a worthy cause and, in return, receive regular lifetime payments. But so-called charitable gift annuities don't always deliver what they promise -- a risk that could intensify if the recession persists.
For the past several years, Matthew Allen has counted on receiving nearly $12,000 a month through a charitable gift annuity he set up with the National Heritage Foundation. That arrangement was upended in January, when the Falls Church, Va., charity filed for bankruptcy protection."
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